NASDAQ to Separate Clearing and Exchange Related Operations in Sweden
On September 3, NASDAQ will separate its clearing and exchange related operations in Sweden in compliance with European Market Infrastructure Regulation (EMIR).
MTF/Exchanges
SEC Approves NYSE-ICE Merger
The SEC has approved the acquisition of the NYSE Euronext by the InterContinentalExchange (ICE), ruling that the deal does not violate the Securities Exchange Act of 1934.
Singapore Exchange Launches Depository Services for RMB Bonds
Singapore Exchange (SGX) has launched depository services for Renminbi-denominated (RMB) bonds.
Liqudnet Adds Thailand to Global Trading Network
Liquidnet, the global institutional trading network, has expanded into the Thai market following client demand for access to emerging markets in Southeast Asia.
ICE Agrees to Acquire NYSE Euronext for $8.2bn
IntercontinentalExchange (ICE) has agreed to acquire NYSE Euronext for $33.12 per share, or approximately $8.2 billion.
Market Infrastructure
Oslo Bors to Acquire Burgundy
The consortium of Nordic banks and brokers that own Burgundy have agreed to allow Oslo Bors to acquire the Swedish stock exchange and multilateral trading facility (MTF).
Market Infrastructure
GreySpark Report Provides Insight Into Changing Business Models in SEF Landscape
A report suggesting how buyside and sellside firms in the swaps space should adapt their business models to cope with the fragmentation of liquidity resulting from the proliferation of swap execution facilities (SEFs) has been released.
Market Infrastructure
FTSE Completes Annual Review of Market Classifications
FTSE Group has completed its Annual Country Classification Review, whereby it decides which countries get Developed, Advanced Emerging, Secondary Emerging or Frontier market status on its indices.
Ukrainian Exchange Threatens to Halt Trading to Protest Controversial Depository Law
The council of the Ukrainian Exchange has proposed suspending trading for two hours to protest a controversial law on the creation of a central securities depository and centralized clearing center in the market.
Market Infrastructure
CME Group Applies to FSA to Launch London-Based Derivatives Exchange
CME Group is applying to the U.K.'s Financial Services Authority (FSA) to create a London-based derivatives exchange for foreign exchange futures products, with an expected launch of mid-2013.